focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Banksy. I'm without a specific strategy :). Probably not the best approach to investing, but I do have different strategies at different times with different stocks. AXL has me a bit surprised though that it is not well above the 25p it reached based on there being a whole new area (CN to go for and to add to their reserves). We are now about due, possibly a little overdue, on the current status of CN2 with no hint of information that it was drilled successfully in xx days or it has been tested and is 'cleaning' up (even though we were told it would go straight to production and wasn't expecting a big fanfare, but a nod and wink would have helped)-- so I got rid of about half on the basis of 'just in case' and for no other logical reason. If it shoots up then I will make a bit less money than I would have and if it goes backwards I can buy more at a reduced price. Still plan on keeping them for medium term unless I get the jitters entirely but that wont be until at least after next week and the CN2 performance data.
Ooh err Banky. No news, not many trades (perhaps a good thing as no 'bad' vibes emanating). I seem to have previously gotten my weeks muddled up as I made the 3 weeks due this Monday gone !. It obviously my error and plain to see, so my thoughts on it being Monday for news were that it would be put on production, have a day or two to burble around, settle down a bit and be ready to give us at least some momentary joy and happiness on a Monday until we look forwards to the next hole in the ground. till next week then
Self assembly theory goes along with the amount of cellulose and laboratory produced 'food' laced with nano technology currently being fed to humans through the mainstream food industry. Locusts, grasshoppers, mealworms, all being used in the food we eat, hidden under the banner of the word 'protein'. Milk produced from Cows stem cells, eggs and yoghurt from plastic, graphene injected into the blood via the pseudo vaccines. Natural herbal remedies are becoming illegal along with growing medicinal herbs in the garden and only medicine based on the 'modern' technology is permitted (in some areas) This is the modern technology where all govts across the world were informed by the big pharma's that their vaccines wouldn't prevent infection and wouldnt prevent transfer of the virus to others. they also advised that there are multitude side effects and potential health risks but the govts still pressed on with the dehumanising process of mask wearing and isolation based on fear and draconian measures to enforce unwanted vaccines. Oddly enough this was all written down and predicted before it happened and the outcome and aftermath was just about identical to the theories provided by those considered as nutters or conspiracy theorists. The next planned viral pandemic will be met with even stricter controls. Our govt has handed over that control to the WHO now have the authority to impose lockdowns under military control. Then of course there is your digital ID where all your assets are registered under one ID number and the management of the digital ID's has been farmed out to a third party with the blessing and authority of the govt to amend the details of your assets as and when they see fit. Surely that cannot go wrong can it--the paper was passed through parliament at the end of March this year and went unchallenged--surprisingly no members of the public were informed and even if they managed to find out about it, there was no opportunity to object. It's now a done deal. Funnily enough neither the digital ID's or compulsory vaccines are not applied to the 'elite' as they are exempt from it. Why do you think that farmland across the world is being left to nature and no longer permitted to produce food and farmers are being paid money not to produce, why are 700 farms in Holland not having their licences renewed and why are there numerous spurious fires occurring across the world affecting farms, farmland and cattle. Maybe its something to do with the creation of famine and starvation, mass displacement of humans and the creation of huge insect farms producing the 'protein'. we are now eating. Wonder why Bill Gates recently purchased his own private beef cattle farm, wonder why Biden junior has bought up half of Ukraine known as being the bread basket of europe' via Blackrock, maybe its to stop growing food and peddle the lab meat and cr*p produced by 'technological means' laced with those self assembling cyborg particles. :) ffs
Some people cannot decipher irony. I of course do not expect anything like 5000bbls a day, but was just saying that by the way the Sp is performing 5000bbls a day might just get it over 4p on the basis that the recent excellent results did f'call for it. My message was saying it will be all good just to get to the point of testing and then worry about the rest of it later--there's more 'stuff' that can be done if necessary later on to enhance flow if for some odd reason they encounter trouble but as I've said before, confirmation that the well isn't b8ggered from the damage and that the concrete squeeze has done what it was expected to do then I will be happy about that, and then move on to the next stage seeing what the thing can do. Was p'd off with the Auctus schoolboy report for inaccuracy and got the impression that they just got paid to issue b.s. and investors are still none the wiser. How much damaged pipe have they still got to remove, are they still able to remove it using conventional methods of pulling very slowly on the string or has is fallen into pieces in which case they will have to go fishing which in itself is costly and often done by a separate team. There's a possibility that the stuff may all be out and sitting on the pipe deck/rack looking sorry for itself--who knows.
Just to reach the position of being comfortable with proceeding with the well test would be very good and then managing to test one or two zones without blowing it up would be excellent and then if it can be commercialised even better. 5000bbls a day might get the dial over 4p.
Would have been better to say nothing at all. They even got Zephir incorrectly spelled. Sounds like a cobbled together document, also with reference to the pipe pulling taking a further several weeks, so either that news is old and those several weeks are almost upon us, or we are waiting another 1-2 month to pull the pipe and then check the well and then cement it. Fkin amateur at best.
I guess that most would agree that the SP/Mcap is very disappointing after such a good report--and we still have additional wells to come in/around Sept. Will be mightily miffed if we are not over 7p by eoy barring any more dilution. -- whinge over. ATB
From an armchair POV. Testing start early July--dont forget that they need to do that cement job first and test integrity, then start the test--hazard a guess at 10-14 days test, so by end of July fingers crossed. Could be mile out with that though lol.
Predominantly oil, but there is always (99%) some gas, there would be more problems if there wasn't any. Gas expands as it rises through the well and transports the oil to the surface. Historically the gas is flared or vented to atmosphere unless it is produced in commercially viable quantities. It would be good if Zephyr look into deploying any available low cost, low maintenance gas to liquids conversion equipment to save the flaring or venting.